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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (21584)	7/1/2005 5:59:35 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78774

This_is_the_end: Yes, that figure might be a bottom, but who knows? I see that I paid $1.41 for the shares that remain from when I mentioned the stock here last December. This stock just seems so thinly traded. I'd like to pay lower for my recent purchases, and the trading range indicates that I could. I've tried over the past couple of weeks, but I've had no good luck. If I put in a day order for say @1.60 it either won't trade there that day or if it does I get a fill for only 100 or so shares. And when I figure in a cheap commission on $160 purchase - that does raise the cost/sh. My total position here would be small - not a big dollar amount. And I guess I've lost patience. So I've decided that for me, rather than play around with VERY small orders every day (I'd be looking for $1.55/sh) , I'll take shares at the $1.6+ area and be done with it unless I spot a big gap down on no adverse news. (Then I'll add at that price.) If the stock behaves as it did in the past - and that is my hope, but I have no real basis for suggesting it might - then being in the stock at $1.65+ would be better than not being in it because I couldn't get my buy price of say $1.55. Jmo, and I've been wrong many, many times about these things.